Nextera Energy Inc (NEE)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 24,797,000 | 26,290,000 | 25,895,000 | 27,130,000 | 28,115,000 | 27,401,000 | 26,948,000 | 24,782,000 | 20,956,000 | 19,838,000 | 17,489,000 | 16,233,000 | 17,069,000 | 16,418,000 | 16,833,000 | 17,110,000 | 17,997,000 | 18,190,000 | 18,977,000 | 19,743,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 120,883,000 | 117,740,000 | 114,929,000 | 111,059,000 | 108,447,000 | 105,393,000 | 101,935,000 | 99,348,000 | 99,141,000 | 96,811,000 | 54,918,000 | 91,803,000 | 88,855,000 | 86,326,000 | 83,873,000 |
| Fixed asset turnover | — | — | — | — | — | 0.23 | 0.23 | 0.22 | 0.19 | 0.18 | 0.17 | 0.16 | 0.17 | 0.17 | 0.17 | 0.31 | 0.20 | 0.20 | 0.22 | 0.24 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $24,797,000K ÷ $—K
= —
The fixed asset turnover ratio for Nextera Energy Inc has shown fluctuating trends over the past few years. Starting at 0.24 in March 2020, it gradually decreased to 0.16 by March 2022. This indicates that the company's ability to generate sales revenue from its fixed assets declined during this period.
However, there was a slight improvement in the ratio during the following quarters, reaching 0.23 by June 2023. This suggests that Nextera Energy Inc was able to better utilize its fixed assets to generate revenue during this time.
It is notable that the ratio remained at 0.23 for the subsequent quarters up to September 2023, indicating a sustained level of efficiency in utilizing fixed assets to generate sales.
Furthermore, the data shows that there is missing information for the fixed asset turnover ratio for the periods from December 31, 2023, onwards, which may limit a comprehensive analysis of the trend in recent quarters.
In conclusion, the analysis of Nextera Energy Inc's fixed asset turnover ratio suggests some fluctuations in its efficiency in generating revenue from its fixed assets over the past few years, with signs of improvement in some periods and a lack of data for more recent assessments.
Peer comparison
Dec 31, 2024